What you need to know
- Tariff classification is the key to establishing the rate of
customs duty applicable to an imported good and in determining
its eligibility under a preferential trade agreement and
identifying other government department (OGD) requirements.
- Since May 1st 2000, mandatory ten-digit classification has
been required at time of Customs release of your imported goods.
- Erroneous classification will result in
penalties.
Expertise you can trust
The tariff classification of good is determined in accordance
with the Harmonized Commodity Description and Coding System,
better known as the “Harmonized System”. This system was
developed by the Customs Cooperation Council (today, the
World Customs Organization) in order to obtain harmonization and
uniformity in the classification of goods worldwide. It has been
adopted by most countries and forms the basis for all Customs
Tariffs.
Many factors must be taken into consideration when determining
the correct tariff classification of an imported good: product
composition, degree of manufacture, end use, etc. It goes
without saying that the tariff classification of imported goods
should only be undertaken by someone possessing an in-depth
knowledge of the Customs Tariff, it’s legal and interpretative
rules.
ACTS experts are at your service to:
- Determine the tariff classification of your imported
goods
- Create and manage a compliant classification data base
- Obtain conformation of your the classification of your
imported goods from both Canadian (National Customs Ruling)
and American Customs authorities (U.S. Binding Ruling)
For more information, contact:
acts@actsconsultants.ca